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Justice News

Department of Justice
U.S. Attorney’s Office
Western District of Texas

Friday, July 29, 2016

Federal Grand Jury Indicts Former Midland Bookkeeper in Connection with Embezzlement and Tax Evasion Scheme

In Midland, a former bookkeeper faces federal charges in connection with an alleged scheme to steal over $2 Million from a local businessman announced United States Attorney Richard L. Durbin, Jr., Federal Bureau of Investigation Special Agent in Charge Douglas E. Lindquist, El Paso Division; and, Internal Revenue Service-Criminal Investigation Special Agent in Charge William Cotter.

A twelve-count federal grand jury indictment returned today charges 51–year-old Kimberley Dale Boyce of Midland with three counts of mail fraud; three counts of wire fraud; three counts of engaging in monetary transactions with criminally derived funds; and, three counts of tax evasion. 

The indictment alleges that over a two-year period beginning in February 2012, Boyce implemented a scheme involving mailed documentation and wire transfers to syphon money from a Midland County business owner’s bank accounts and place it into bank accounts which she controlled.  In addition, the indictment alleges that Boyce failed to accurately report to the Internal Revenue Service her actual taxable income—totaling more than $2.5 million--for tax years 2012, 2013, and 2014

This morning, Boyce surrendered to federal authorities.  Her bond was set at $50,000 unsecured.  Upon conviction, Boyce faces up to 20 years imprisonment for each wire and mail fraud count; up to ten years imprisonment for each money laundering count; and up to five years imprisonment for each tax evasion count.

This case was investigated by the FBI and IRS-Criminal Investigation.  Assistant United States Attorney William F. Lewis is prosecuting this case on behalf of the Government.

It is important to note that an indictment is merely a charge and should not be considered as evidence of guilt.  The defendant is considered innocent until proven guilty in a court of law.

Financial Fraud
Updated July 29, 2016